Thomas Charles Priore - 25 Feb 2022 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Role
President, CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Thomas C. Priore
Issuer symbol
PRTH
Transactions as of
25 Feb 2022
Transactions value $
$0
Form type
4
Filing time
06 Jan 2023, 14:47:58 UTC
Previous filing
28 May 2021
Next filing
15 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise $0 +51.3K +0.15% $0.00 34.2M 25 Feb 2022 Direct F1
holding PRTH Common Stock 12.5M 25 Feb 2022 see footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRTH Restricted Stock Unit Options Exercise $0 -51.3K -50% $0.00 51.3K 25 Feb 2022 Common Stock 51.3K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes 2,500,000 shares of PRTH common stock held by Lori A. Priore, the spouse of Thomas C. Priore, and Bernard H. Smyers, in their capacity as trustees of the Thomas C. Priore Irrevocable Insurance Trust u/a/d 1/8/2010, for the benefit of Lori A. Priore and the children of Thomas C. Priore and Lori A. Priore. Also includes 10,000,000 shares of PRTH common stock held by Lori A. Priore, the spouse of Thomas C. Priore, in her capacity as trustee of the Thomas Priore 2019 GRAT, for the benefit of Lori A. Priore and the children of Thomas C. Priore and Lori A. Priore.
F3 On February 25, 2021, the Reporting Person was granted 102,542 restricted stock units which vest 50% on February 25, 2022 and 50% on February 25, 2023 subject to the Reporting Person's continued service as a director of the Issuer.